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Unaudited Quarterly Financial Data (Tables) | 12 Months Ended
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Dec. 31, 2018
Unaudited Quarterly Financial Data [Abstract] |
Schedule of Quarterly Financial Information | The following is a summary of quarterly results of operations:
|  |  |  |  |  |  |  |  |  |  | Quarter ended
2018 |  | December 31 |  | September 30 |  | June 30 |  | March 31
Net sales |  | $ | 210,814 |  | $ | 208,853 |  | $ | 220,602 |  | $ | 225,930
Gross profit |  |  | 57,959 |  |  | 63,285 |  |  | 67,418 |  |  | 67,969
Operating income |  |  | 12,664 |  |  | 18,312 |  |  | 19,181 |  |  | 16,847
Income tax expense |  |  | 690 |  |  | 3,467 |  |  | 3,820 |  |  | 3,233
Net income |  |  | 12,056 |  |  | 13,292 |  |  | 15,120 |  |  | 13,380
Earnings per share attributable to Stoneridge, Inc.: |  |  |  |  |  |  |  |  |  |  |  |
Basic (A) |  | $ | 0.42 |  | $ | 0.47 |  | $ | 0.53 |  | $ | 0.47
Diluted (A) |  | $ | 0.42 |  | $ | 0.46 |  | $ | 0.52 |  | $ | 0.46
|  |  |  |  |  |  |  |  |  |  | Quarter ended
2017 |  | December 31 |  | September 30 |  | June 30 |  | March 31
Net sales |  | $ | 207,440 |  | $ | 203,582 |  | $ | 209,111 |  | $ | 204,311
Gross profit |  |  | 61,026 |  |  | 62,549 |  |  | 63,414 |  |  | 61,151
Operating income |  |  | 13,234 |  |  | 13,296 |  |  | 15,676 |  |  | 15,164
Income tax (benefit) expense (B) |  |  | (6,036) |  |  | 3,809 |  |  | 5,189 |  |  | 4,571
Net income |  |  | 18,908 |  |  | 8,049 |  |  | 8,919 |  |  | 9,173
Net loss attributable to noncontrolling interests |  |  | - |  |  | - |  |  | (100) |  |  | (30)
Net income attributable to Stoneridge, Inc. |  |  | 18,908 |  |  | 8,049 |  |  | 9,019 |  |  | 9,203
Earnings per share attributable to Stoneridge, Inc.: |  |  |  |  |  |  |  |  |  |  |  |
Basic (A) |  | $ | 0.67 |  | $ | 0.29 |  | $ | 0.32 |  | $ | 0.33
Diluted (A) |  | $ | 0.65 |  | $ | 0.28 |  | $ | 0.32 |  | $ | 0.32
| (A) |  | Earnings per share for the year may not equal the sum of the four historical quarters earnings per share due to changes in weighted-average basic and diluted shares outstanding.
The impact of the Tax Legislation was an increase in tax expense of $6,200 due to the one-time deemed repatriation tax, offset by the favorable impacts of the reduced tax rate on the Company’s net deferred tax liabilities and other deferred tax adjustments of $(15,300) million related to certain earnings included in the one-time transition tax.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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